Techno Electric & Engineering Company standalone net profit declines 9.80% in the March 2018 quarter

Sales decline 8.16% to Rs 328.22 crore

Net profit of Techno Electric & Engineering Company declined 9.80% to Rs 38.56 crore in the quarter ended March 2018 as against Rs 42.75 crore during the previous quarter ended March 2017. Sales declined 8.16% to Rs 328.22 crore in the quarter ended March 2018 as against Rs 357.39 crore during the previous quarter ended March 2017.

For the full year,net profit declined 9.09% to Rs 132.25 crore in the year ended March 2018 as against Rs 145.47 crore during the previous year ended March 2017. Sales declined 5.09% to Rs 1173.37 crore in the year ended March 2018 as against Rs 1236.35 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales328.22357.39 -8 1173.371236.35 -5 OPM %13.6314.11 -15.6216.35 - PBDT52.6074.69 -30 196.00227.91 -14 PBT51.8873.77 -30 193.27214.86 -10 NP38.5642.75 -10 132.25145.47 -9

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